BlackRock's iShares filed with the Securities and Exchange Commission for authorization to launch an exchange-traded fund investing in short-term Treasury Inflation-Protected Securities. The iShares Barclays 0-5 Year TIPS Bond Fund would track the Barclays Capital U.S. Treasury Inflation-Protected Securities 0-5 Years Index, Series-L. The index lists Treasurys with no more than five years to maturity that automatically adjust their interest rate based on the Consumer Price Index.

Full Story:

Related Summaries